Farmer share of food dollar may grow
Story Date: 6/3/2021

 

Source: 95.3 MNC, 6/2/21


The latest federal data shows that the farmers’ share of the average U.S. food dollar increased slightly. The USDA’s Economic Research Service tracks yearly spending by American consumers on food, as well as how much of that dollar is captured by each part of the food supply chain. The agency recently released data for 2019 showing that the foodservice industry continues to claim a growing part of the average food dollar, increasing three percent to 38.5 cents in 2019.

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